Q.
RBI rate cut of 0.25% on the CRR..is it good for the economy?
Asked by dharamender nebhnani,
17 Sep '12 03:41 pm
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Answers (7)
1.
Now Banks have more liquidity and hence they need not go to call market for raising statutory requiremnts. Lending at reasonable rate of interest is facilitated.
Answered by venkat ramani ramachandran, 17 Sep '12 07:22 pm
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2.
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4.
It is just one or two drops in the oceon will not matter at all the main problem is that the people are not willing to borrow at such high rates to have some good effect on economy the interest rates have to be brought down and not the crr alone
Answered by iqbal seth, 17 Sep '12 05:57 pm
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5.
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7.
Yes, more liquidity in to market to follow and more investments
Answered by MAdhavan Avadhany, 17 Sep '12 03:43 pm
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